7823 S Colfax Avenue Chicago, IL 60649

$299,000
7823 S Colfax Avenue, Chicago, IL 60649
09954885

Multi-Family Home for sale in Chicago, IL

for $299,000 with 9 bedrooms. The lot size is 50X125+.

Property Information

  • $299,000
  • 9 Bedrooms
  • Multi-Family
  • Taxes are $4,252
  • Flat
  • Active
  • Lot size of 50X125+
  • Chicago, IL
  • South Shore Neighborhood
  • Cook County
  • MLS/Web ID is 09954885

Description

Rare solid 4 unit brick - FULLY RENTED + CASH flowing - in HOT South Shore neighborhood on a large lot!! Separate utilities. 4-2BED/1BATH units ($2900) + 2 BONUS units ($800) = $3700 monthly income!! Beautifully maintained with long-term tenants. Newer synthetic roof, updated HVAC, & plumbing. Units not recently updated but in good condition. Close to Lake Michigan, transportation, & Jackson Park!! Let your tenants pay the mortgage where you live OR sit back & collect your return on investment from this cash cow!!

Room Information

  • Basement
  • Basement

Interior 4

Basement

  • Finished
  • Full Basement

Heating System

  • Forced Air
  • Gas
  • Individual Units

Sewer

  • Public Sewer

Water Source

  • Lake
  • Public Water

Exterior 1

Siding

  • Brick

† Excluded Feature

Listed By

Broker: 5TH GROUP REALTY & MANAGEMENT

7823 S Colfax Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $299,000 with a lot size of 50X125+. 7823 S Colfax Avenue has 9 bedrooms and 0.0 baths. The property's zip code is 60649 which is in Chicago, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $555,900 86 % above $348,000 16 % above
Multi-family listings in Chicago $425,017 42 % above $315,000 5 % above

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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